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Kelham Works in Sheffield offers 9% yield for investors

Posted 17/03/2017

Preston Baker are bringing to market a fantastic opportunity to invest in one of Sheffield’s most vibrant and regenerating areas - Kelham Island Quarter.

This amazing off plan investment opportunity is the perfect location for high quality, boutique living within close proximity of the Universities and the City Centre. This development comprises of 52 self-contained luxury micro-apartments designed specifically to attract 3rd year students and young professionals. Browse properties online.

Kelham has an edgy, dynamic ‘SoHo’ feel about it, characterised by warehouses converted into high spec offices and apartments, artisan businesses and workshops, galleries, cafes, bars, restaurants and award winning pubs. Its riverside setting and central square further add to its charm. For ale connoisseurs, the Kelham Island Tavern is the only pub to have won the coveted CAMRA National Pub of the Year Award for two years running.

The area buzzes with energy and has fast become Sheffield’s ‘place to be’, attracting young professionals, couples and also families who enjoy its vibrant sense of community.

Download the brochure 

kelham exterior

Investment Key Points

Kelham Works represents a solid investment opportunity, with generous annual returns, a flexible exit strategy, and a choice of purchase options for investors. 

  • An amazing off plan investment opportunity
  • Assured Net rental 9% per annum for the first 3 years
  • 125% Developer buy back year 5
  • A fully managed hands-off investment
  • Payment plan options
  • 52 Luxury self-contained micro apartments 
  • Roof Top Terrace
  • Gymnasium, Laundry Room, Free WiFi, Games Room and Cinema Room
  • Over 64,000 students in Sheffield with only 11,000 university managed accommodation places
  • £2500 deposit (28 day exchange)
  • Completed developments by the same developer available to view NOW
  • 10 year structural warranty

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The micro-apartment concept

Micro-apartments redefine urban living for city-dwelling young professionals who want low cost yet high quality, boutique accommodation. The micro-apartment concept is simple:

  • Affordable
  • High specification
  • Energy Efficient
  • In the heart of the city

The micro-apartment has historically been popular with investment funds and financial institutions due to the high yield potential: on average, micro-apartments generate higher yields than those accrued in more traditional buy-to-let markets.

Micro-apartments also attract the student market, particularly post-graduate and international students, providing a safe and quality alternative to halls of residence.

Student accommodation has out-performed every other asset class in the UK property investment for several years, and this shows no sign of slowing down as demand continues to significantly outstrip supply.

Floor plan - 1st floor

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Zoomed in view of the floor plans - download the brochure for full plans.

Sheffield facts

Sheffield is an economic powerhouse in the north of England, attracting businesses globally with a high employment rate, and excellent accessibility and connectivity. Around 2.1 million people live within a 60 minute commute of the city and growing key sectors include the creative and digital industries, low-carbon, and healthcare technologies.

Over 63,000 students study at Sheffield’s two universities, including more than 7,000 international students. The city recently topped a list of university towns and cities that could benefit from more student accommodation: the universities are only able to provide 11,369 bedrooms to more than 46,890 full-time students, leaving a massive 76% looking for accommodation in the private rented sector.

Browse Sheffield Area Guides

International students are a key driving force behind demand for quality purpose-built accommodation and, with no cap on the numbers who can study in the UK, Knight Frank forecasts this amount will increase by 15-20% over the next five years.

Kelham Works directly meets demand from Sheffield’s young professionals, who want affordable living in a trendy part of the city, and from international students, who want safe, quality, purpose-built accommodation.

For further information or to discuss investment options please contact Damien Jefferies at our Sheffield Branch on 0114 299 7966 or 07843 034 525.

Kelham Island sheffield

Posted 8 months ago

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